With the November rally underway, FXGuys ($FXG), Dogecoin (DOGE), and BNB are expected to experience exponential growth from the incoming massive pumps. The DeFi coin $FXG is making rounds for its profit potential, similar to DOGE and BNB. Given that these coins have demonstrated remarkable performances in recent days, investors are hoping to find out which of them is the best altcoin to buy.
This article will dive into important details about these coins, sharing insights on the best altcoin to buy!
FXGuys Brings PropFi to DeFi: Best Altcoin to Buy?
FXGuys is introducing a new business model that is likely to transform the dynamics of the decentralized finance landscape. Specifically, the decentralized brokerage firm is bringing PropFi into DeFi.
PropFi, or proprietary finance, is a business model designed to empower traders with capital to trade financial instruments, such as stocks, FX, cryptos, and indices, without risking personal funds.
It is a system created to allow skilled traders to express their abilities in the financial market with real capital that does not belong to them.
FXGuys is incorporating this model into DeFi through its Trader Funding Program. By participating in the program, traders will receive up to $500,000 to trade in the financial market. The fund will be issued after they pass crucial challenges to test their abilities.
The returns realized over time will be shared on an 80/20 basis, with traders keeping the larger portion. In addition, they will receive $FXG tokens as rewards for trading with the prop firm regardless of the outcome of the trades.
These $FXG tokens can either be staked for additional rewards or used to unlock several available trading benefits on the platform.
Staking $FXG tokens will entitle stakers to many perks, such as access to 20% of the platform’s annual trading volume, which can serve as a lucrative wealth-building source. Besides, stakeholders will be recognized as participants in a growing ecosystem primed to transform the DeFi space.
$FXG can be acquired in its ongoing public presale, which is projected to end when the DeFi coin’s price hits $0.10. Buying the token at its current price of $0.03 offers a 233% ROI for new investors, presenting $FXG as the best altcoin to buy from a list comprising DOGE and BNB.
Dogecoin Rises 12% To a Three-Year High Amid Predictions of Massive Pumps
The outcome of the US Presidential elections has incited massive pumps across nearly every sector of the crypto market, with Dogecoin stealing the spotlight among meme coins. For the first time in three years, DOGE blasted past $0.23, smashing a three-year record with a 12% price increase.
Amid DOGE’s price actions, analysts like Mags have made ambitious predictions about the premier meme coin’s prices. Taking to X on November 9, 2024, Mags asserted that Dogecoin’s imminent rally will “melt faces.”
While the flagship meme coin has registered a 110% increase since the start of the month, Mags believes this is just the tip of the iceberg. He reminisced about DOGE’s 170x increase during the last supercycle, noting that the meme coin is gearing up for massive pumps, given that this is a meme coin supercycle.
Mags’ target puts DOGE at $1.17, an 8x increase in its current price. After a 30.33% daily rally, DOGE is currently worth $0.297.
BNB Surpasses $600 With the Bulls Eyeing $1,000
BNB has crossed a multi-month resistance zone by fleeting by the $600 level. This price action, spurred by the massive pumps among altcoins, has raised the stakes on BNB’s potential ascent to $1,000, a long-coveted price level.
After securing a price above $600, BNB aims to challenge the $650 level next. This move will see the coin cross over the 100-day and 200-day Simple Moving Averages.
The Moving Average Convergence Divergence (MACD) indicator shows that Binance Coin is bullish, strengthening BNB’s outlook. Buying pressure is on the rise, which is necessary to fuel massive pumps that will launch BNB’s value to $1,000.
After conquering the $650 region, the subsequent targets will be $724, $798, $924, and $1,000. BNB currently trades at $639, up 1.88% in the last 24 hours.
$FXG vs. DOGE vs. BNB: Which Of These is the Best DeFi Coin to Invest in?
While DOGE and BNB have super impressive targets, $FXG’s growth potential outshines that of its counterparts. DOGE’s target projects a 293% increase in its current price, BNB’s show an expected 56% uptick, while $FXG is looking at a more than 1,000% surge, especially after its exchange debut.
Investors who acquired $FXG during its private sale at $0.01 will be sitting on a 900% gain at the end of its public presale when the price hits $0.10 at launch. This gain will likely be topped as the DeFi coin wicks towards $1 from its listing price.
Due to this projection, $FXG is considered the best altcoin to buy as the massive pumps in November begin. Hence, market participants are urged not to miss this incredible investment opportunity.
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